Jiangsu TongLin ElectricLtd Dividends and Buybacks
Dividend criteria checks 2/6
Jiangsu TongLin ElectricLtd is a dividend paying company with a current yield of 0.56% that is well covered by earnings.
Key information
0.6%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 0.9% |
| Future Dividend Yield | 0.9% |
| Dividend Growth | 43.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.168 |
| Payout ratio | 33% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 301168 has been paying a dividend for less than 10 years.
Growing Dividend: 301168's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Jiangsu TongLin ElectricLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301168) | 0.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (301168) (up to 3 years) | 0.9% |
Notable Dividend: 301168's dividend (0.56%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 301168's dividend (0.56%) is low compared to the top 25% of dividend payers in the CN market (2.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.5%), 301168's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301168 is paying a dividend but the company has no free cash flows.